Does your prepaid debit account have a name and address attached to it? Typically cash advance stores want to see that you were able to complete the process of getting a "real" checking account so they will have more trust you will pay them back.
I want to pay my bill on line just this time and next I might do something different
I was going to give you my checking account# and my Routing# for this transaction only. I might do the same next month I am not sure.
My bank is UMB of Collinsville, Illinois Main office in Missouri
I must be on the wrong link because all I want to do is pay my bill on line.
Can a cash advance be deposited on a prepaid debit card?
Debit Cash for the cash received, and credit a liability account you can call Prepaid Rent or Prepaid Deposits. Basically, you credit a liability account because you "owe" them the rent for the month they have paid for in advance. Once the month has passed, you can debit the Prepaid Rent and credit Rental Income. Or, if the prepaid rent is a deposit made, you just keep it on your books as a liability until the end of their lease, at which time they will either be refunded the deposit (debit Prepaid Rent, credit Cash) or if they don't pay their last month's rent you can use the deposit (debit Prepaid Rent, credit Rental Income).
you would label it as a prepaid expense. Debit -prepaid travel expense credit- cash
Prepaid Expenses would normally have a debit balance.
How long does a person have to revoke a deposit onto a debit card, after it has already been taken out of the checking account?
yes
Debit.
can funds be added to your prepaid debit visa account with a money loan?
The journal entry for prepaid income is a debit to the Cash account and a credit to the Unearned Revenue account. The Unearned Revenue account is a liability. The rationale for such an entry is that this is income received in advance. This means that the income has not been earned since the services have not yet been performed. When the services have been performed it is appropriate to recognize the revenue and offset the liability account, unearned revenue.
debit prepaid expensescredit cash
yes as its cash.
Shouldn't do.